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Inteva Products Strengthens Competitive Position with Acquisition of ArvinMeritor's Body Systems Business

Inteva Products Strengthens Competitive Position with Acquisition of ArvinMeritor's Body Systems Business

Press Release

TROY, Mich., Jan. 3, 2011 /PRNewswire/ -- Inteva Products, LLC, a wholly owned subsidiary of The Renco Group, Inc., today announced it has acquired ArvinMeritor's Body Systems business with manufacturing and engineering facilities worldwide. With the acquisition, Inteva strengthens its competitive position as an innovation leader in the global supply of door systems and access control systems while expanding its product expertise to include roof systems, motors and electronics.

"Inteva has taken a major step forward in aligning our global capabilities to support the needs of our customers," said Lon Offenbacher, Inteva's President and CEO. "The Body Systems team brings a great heritage of demonstrated capabilities, a wealth of experience in advanced technology with a diverse customer base. Inteva is a formidable force in the global marketplace."

With the acquisition, Inteva has a global workforce of 8,000 employees at 43 locations in 18 countries. Inteva has engineering and technical centers on four continents supporting global customers with full service design, development, integration, prototype, testing and validation capabilities.

"Our expanded footprint and product portfolio greatly enhances our business with a stronger presence in Europe, Asia and the Americas," said Offenbacher. "Our overall business is now more balanced among our global customers and we are strategically located in the regions where growth is expected."

Inteva's innovative product lines serve a variety of industries including: automotive, commercial vehicle, defense, consumer and recreational products, industrial and marine applications. The company has organized its product and service offerings around four product lines: closure systems, interior systems, roof systems and motors and electronics.

Inteva's Product Lines

Inteva's closure systems product line encompasses access control systems and door systems into a highly innovative offering. Inteva access controls systems offer a market leading portfolio of latches, strikers, and actuators that offer competitive functionality, robustness and performance with minimized weight, package size and cost. In door systems, Inteva designs, engineers and manufactures products that range from window regulators to the latest fully integrated composite door modules. Inteva door modules provide our customers with a highly engineered product that incorporates multiple features and functions into a single part, resulting in improved reliability and reduced assembly complexity.

Inteva interior systems product line includes a full range of components and modules for vehicle interiors, from instrument panels, consoles, and door trim to cockpits and headliners. Inteva designs, engineers and manufactures quality, mass-efficient interiors with a focus on high value design, materials and processing innovation. Inteva provides full design development and system integration services; combined with complete supply chain management, build in line sequencing and end of line function testing capabilities providing customers with optimized vehicle assembly efficiency.

With an advanced in-house development capability, Inteva's electronics and motors product line offers a range of robust and efficient electric motors for automotive and light duty consumer applications. Inteva incorporates advanced electronic functionality into a light weight, size-optimized package.

Inteva Products, LLC is a leading global supplier offering value-based innovation and environmentally-friendly products that enhance quality and performance. Inteva serves original equipment manufacturers in six key markets: automotive, commercial vehicle, defense, marine, consumer and industrial. Focused on delivering high-value quality, on time and on budget, Inteva has global resources for engineering, manufacturing and customer service for Closure Systems, Interiors Systems, Motors and Electronics, and Roof Systems. Inteva is focused on sustained global growth, providing excellent customer service and being a best place to work for employees. The company is headquartered in Troy, Michigan and employs over 8,000 people in 18 countries. For more information, please visit www.intevaproducts.com.